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Benzinga

Recap: Sonos Q2 Earnings

Sonos (NASDAQ:SONO) reported its Q2 earnings results on Wednesday, May 11, 2022 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Sonos beat estimated earnings by 271.43%, reporting an EPS of $0.26 versus an estimate of $0.07.

Revenue was up $66.83 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.09 which was followed by a 4.47% increase in the share price the next day.

Here's a look at Sonos's past performance:

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.93 -0.06 -0.17
EPS Actual 1.02 0.08 0.27 0.31
Revenue Estimate 641.01M 360.23M 313.60M 248.41M
Revenue Actual 664.48M 359.54M 378.67M 332.95M

To track all earnings releases for Sonos visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.